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Cape Cod hospital CEO maps turnaround

Boston Globe, August 4, 2008

Richard Salluzzo, MD, the new chief executive of Cape Cod Health Care in Hyannis, MA, said he plans to rebuild his health system’s relationship with doctors and create a "physician-led organization" as he seeks to turn around the cash-strapped organization. Salluzzo joined Cape Cod Health Care in June. The company lost $24 million in the eight months ended May 31. The system usually earns a surplus in May, however, when volume picks up because of visitors to the Cape. Salluzzo said Cape Cod Health Care has lost volume in lucrative diagnostic procedures including high-tech imaging due to some doctors referring patients to hospitals outside of the system.